Covenant Logistics Group, Inc. (CVLG): Price and Financial Metrics

CVLG POWR Grades

• Momentum is the dimension where CVLG ranks best; there it ranks ahead of 94.47% of US stocks.
• CVLG's strongest trending metric is Growth; it's been moving down over the last 179 days.
• CVLG ranks lowest in Stability; there it ranks in the 50th percentile.

CVLG Stock Summary

• CVLG's price/sales ratio is 0.38; that's higher than the P/S ratio of merely 7.58% of US stocks.
• Over the past twelve months, CVLG has reported earnings growth of -318.41%, putting it ahead of merely 6.19% of US stocks in our set.
• Covenant Logistics Group Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 20.96%, greater than the shareholder yield of 91.8% of stocks in our set.
• Stocks that are quantitatively similar to CVLG, based on their financial statements, market capitalization, and price volatility, are MLP, AEMD, PSB, GRWG, and MEC.
• Visit CVLG's SEC page to see the company's official filings. To visit the company's web site, go to www.covenanttransport.com.

CVLG Valuation Summary

• CVLG's price/sales ratio is 0.4; this is 87.88% lower than that of the median Industrials stock.
• CVLG's price/earnings ratio has moved up 23.4 over the prior 243 months.
• Over the past 243 months, CVLG's price/earnings ratio has gone up 23.4.

Below are key valuation metrics over time for CVLG.

CVLG Growth Metrics

Its 2 year net income to common stockholders growth rate is now at -96.94%.
• The 3 year net income to common stockholders growth rate now stands at 19.25%.
• Its 4 year cash and equivalents growth rate is now at 974.66%.

Over the past 15 months, CVLG's revenue has gone up $196,796,000.

The table below shows CVLG's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	1,046.003	73.218	60.731
2021-09-30	977.002	106.321	17.336
2021-06-30	913.271	73.061	8.395
2021-03-31	848.636	76.172	-29.365
2020-12-31	838.561	63.04	-42.718
2020-12-31	838.561	63.04	-42.718

CVLG's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• CVLG has a Quality Grade of C, ranking ahead of 65.48% of graded US stocks.
• CVLG's asset turnover comes in at 1.347 -- ranking 20th of 137 Transportation stocks.
• MATX, ASC, and USAK are the stocks whose asset turnover ratios are most correlated with CVLG.

The table below shows CVLG's key quality metrics over time.